Comment by closetheloopdev
5 hours ago
OpenRouter uses Stripe to handle payments [1], so this acquisition hopefully will reduce OpenRouter's cost while increasing Stripe's revenue.
5 hours ago
OpenRouter uses Stripe to handle payments [1], so this acquisition hopefully will reduce OpenRouter's cost while increasing Stripe's revenue.
> Every company in the Forbes AI 50 that monetizes does so on Stripe.
That’s chilling.
Stripe started as a result of the PayPal Mafia.
"In 2011 the company received a $2 million investment, including contributions from Elon Musk, PayPal founder Peter Thiel" [1].
Also fun fact from the Founder's Wikipedia page
"In November 2024, Collison was criticized for visiting Israel and posting an image with the Israeli flag,[31] amid the Gaza war."[2]
[1] https://en.wikipedia.org/wiki/Stripe,_Inc. [2] https://en.wikipedia.org/wiki/Patrick_Collison
Stripe seems to appear to be attempting to compete with the US Federal Reserve as the core dollar payment processor while also dipping into the same for tokens. Core value exchange platform, dollars, tokens, whatever. A bit of a less exciting version of Dune. “The transaction volume must flow.”